Relief Rallies Are Never Made To Last

Posted: August 26 2009

In the relief rally much like the great depression long before, Big spike in NY state bankruptcies, healthcare reform will improve our quality of life, Government cannot create recovery and wealth, bureaucrats of the economy are working against the public, dollar rallies will be hailed as recovery, retail sales declining 21 percent at one place we know of, Madoff victims still battle for compensation

Since March we have watched a stock market rally borne by low volume and short covering. The gains are reminiscent of the rallies of 1930 and 1932. What you are witnessing is a rally engineered by our government. If you watch the tape and you can read it you can see exactly what they are doing, and how they are doing it. Yes, it is legal under an Executive Order singed by President Ronald Reagan in the aftermath of the October 19th, 1997 collapse of the stock market. It was named the “Working Group on Financial Marketsâ€